Rohr, 64, has been CEO since 2000 and chairman since 2001. After he steps down as CEO in April, he will remain in the executive chairman role for a year to help with the transition.

PNC is the third-largest bank in Greater Baltimore. It has 98 branches in the market as of June 2012 and $6.5 billion in local deposits. Its 10.3 percent local market share trails only Bank of America (NYSE: BAC), with 24.9 percent; and M&T Bank (NYSE: MTB), with23.3 percent.

Rohr will be succeeded as CEO by William S. Demchak, PNC’s president. Demchak has been with Pittsburgh-based PNC (NYSE: PNC) since 2002 when he joined the company as chief financial officer. He was promoted to president in April 2012. Before joining PNC, Demchak was head of the structured finance and credit portfolio at JPMorgan Chase & Co. (NYSE: JPM).

“Bill has demonstrated exceptional leadership since joining PNC in 2002,” Rohr said in a statement. “As president, he drove customer growth by successfully aligning our businesses to deliver the entire company for our clients. His candor and work ethic have earned him the trust of employees and investors, and the confidence of PNC’s board. He deserves the opportunity to steer PNC into the future.”

Rohr joined PNC through the company’s Management Development Program in 1972. Rohr, in his time CEO, oversaw PNC’s $6 billion acquisition of Baltimore’s Mercantile Bancshares Corp. in 2006.

Gary Haber covers Banking, Finance, Insurance, Law

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